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speaker boehner did come here. and though i don't think there's any reason to believe we're really close to a deal, progress has been made, though one side of the talks staaid that that progress is fragile. >> we're getting close to the point, really, by tend of the week, if they're not a lot closer, it might be too hard to do by the end of the year. >> there could be a quick fix solution. republicans agree to keep the tax cuts in place for the 98% of the country. avoid tax cuts for a few month, go take winter break. that would not be a long-term solution but would avert the fiscal cliff. >> hillary clinton's future, talking about her for 2016, are we any closer, is the president any closer to naming her replacement? >> i don't think that will happen this week. my sources suggest likely next week. the president has not yet made a decision, i'm told, on the key position, secretary of state, secretary of defense, cia director. he wants to unveil it all at the same time, a new national security team. >> thank you, jak
speaker boehner did come here. and though i don't think there's any reason to believe we're really close to a deal, progress has been made, though one side of the talks staaid that that progress is fragile. >> we're getting close to the point, really, by tend of the week, if they're not a lot closer, it might be too hard to do by the end of the year. >> there could be a quick fix solution. republicans agree to keep the tax cuts in place for the 98% of the country. avoid tax cuts for...
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Dec 12, 2012
12/12
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we have learned the president and house speaker john boehner have traded new proposal affecting every american's wallets, specifically whether our taxes go up at year's end. jake tapper has the new details. >> reporter: president obama minced no words in an exclusive interview with abc's barbara walters. >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on high-end individuals, like you and me, barbara. we can afford it. >> reporter: the president told barbara walters, he remains optimistic. >> are we going to go over the fiscal cliff? >> i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect taxes for high-income individuals. >> reporter: the president and house speaker john boehner are at least talking. the president made an offer monday, asking for $1.4 trillion in new taxes over ten years. including raising tax rates on the wealthy. the speaker counter on tuesday. offering $800 billion in new tax revenue, all from closing loopholes and limiting deductions. house republicans say they need
we have learned the president and house speaker john boehner have traded new proposal affecting every american's wallets, specifically whether our taxes go up at year's end. jake tapper has the new details. >> reporter: president obama minced no words in an exclusive interview with abc's barbara walters. >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on high-end individuals, like you and me, barbara. we can afford it. >>...
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Dec 13, 2012
12/12
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in fact, speaker boehner and republican leaders have warned rank and file republicans that they should be prepared to be here in washington, through christmas, and until the new year. the two sides don't even agree on what's holding everything up. the white house says that everything could be resolved quickly if republicans just agreed to raise tax rates on the wealthy. republicans say what's really the problem here is the white house won't get serious about spending cuts. >> everyone waiting on those two men. meanwhile, one of the side casualties may be that funding for the victims of hurricane sandy. >> reporter: that's right. i do not think that hurricane sandy funding, the $60 billion request from the white house, will get done while there's an impasse here. republicans are already blocking at the cost. they point out, george, that $60 billion, that represents almost everything you would raise next year by increasing those tax rates on the top 2%. and they also point out that fema still has about $5 billion in its disaster relief fund, enough to go through march. >> okay, jon karl
in fact, speaker boehner and republican leaders have warned rank and file republicans that they should be prepared to be here in washington, through christmas, and until the new year. the two sides don't even agree on what's holding everything up. the white house says that everything could be resolved quickly if republicans just agreed to raise tax rates on the wealthy. republicans say what's really the problem here is the white house won't get serious about spending cuts. >> everyone...
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Dec 11, 2012
12/12
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but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cliff talks. that plan offers a total of $2.2 trillion in deficit reduction over the next decade, including $800 billion in new tax revenue, but no increases on the top 2% of taxpayers. that's where the stalemate seems to be centered. president obama insists taxes on the wealthy must go up. >> but when they start making a million or 10 million or 20 million, you can afford to pay a little more. >> reporter: several republicans indicated that's a concession they're willing to make. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> reporter: if nothing is done by january 1, income taxes will go up on almost all americans. >> there are no meetings scheduled this week between the president and house speaker john boehner. rob and paula, back to you. >>> the navy s.e.a.l. who died in that mission to rescue a kidnapped american doctor has been identified. nicholas checqu
but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cliff talks. that plan offers a total of $2.2 trillion in deficit reduction over the next decade, including $800 billion in new tax revenue, but no increases on the top 2% of taxpayers. that's where the stalemate seems to be centered. president obama insists taxes on the wealthy must go up. >> but when they start making a million or 10...
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president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards met them outside of republican saxby chambliss' office. eventually, a few were let inside, but without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. whoo, 2013. >>> all right. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the day." the campaign is called -- "the can kicks back." >> the campaign is aimed at young people and fe
president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards...
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Dec 12, 2012
12/12
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he said, of his meeting with speaker boehner, "i think the tone was good. i believe both speaker boehner and myself and the other leaders want to see a deal happen." but diane, he did warn that the clock is ticking. >> it is for sure. and i know you're going to have more of this interview, we'll all be watching, tomorrow morning on "gma," tonight on "nightline" and the full interview with the president and with mrs. obama will be airing on a special edition of "20/20" on friday night. >>> and, by the way, on that question of the fiscal cliff, i had an extraordinary conversation today in washington, as well. with a group of people who are making history. it has taken 224 years, but for the first time, a record 20 women will be serving in the united states senate. and today, many of them gathered with me and some of them said women do lead in a different way. and women would have already brokered that deal on the fiscal cliff. >> i think, if we were in charge of the senate, and of the administration, that we would have a budget deal by now. >> reporter: do yo
he said, of his meeting with speaker boehner, "i think the tone was good. i believe both speaker boehner and myself and the other leaders want to see a deal happen." but diane, he did warn that the clock is ticking. >> it is for sure. and i know you're going to have more of this interview, we'll all be watching, tomorrow morning on "gma," tonight on "nightline" and the full interview with the president and with mrs. obama will be airing on a special edition...
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Dec 6, 2012
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it's called the boehner rule. one dollar in spending increase for one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans aren't giving this up any time and neither are democrats. megyn: do you see irony that the president wants to eliminate congress from raising the debt limit. when he was a senator he said in part we are debating raising a debt limit and he said this is a sign of leadership failure. increasing america's debt weakens us domestically and internationally. washington is shifting the burden on the backs of our children and grandchildren. america has a debt problem and a failure of leadership and america deserves better. >> it's true when bill clinton left office in 2000 we had you are plus and the deficit would have been eliminated as we sit here today what changed that was the republican president and congress. what put us on the path we are on now is not democrats. we would have no collective debt at all if we had left in place the clinton budge
it's called the boehner rule. one dollar in spending increase for one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans aren't giving this up any time and neither are democrats. megyn: do you see irony that the president wants to eliminate congress from raising the debt limit. when he was a senator he said in part we are debating raising a debt limit and he said this is a sign of leadership failure. increasing america's debt weakens us...
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Dec 10, 2012
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doing what boehner, tip o'neill and ronald reagan did? this political trophy you want rising rates runs the government for left len days when. it cops to debt ceiling time, mr. president, you will have a republican party make sure we save medicare and social security from bumps and save this country from becoming greece. one of his proposals we should never have any congressional check and balance raising the debt ceiling. he got elected president, not king. he is not king. he is president. martha: are you saying that republicans are willing to go to 39.6% back to that rate but the place where they will hold the line is on the debt ceiling issue. >> rates go up no matter what we do. there needs to be revenue component of any big deal. i think capping deductions is better than raising rates. there will come a day in february and march where we have to raise the debt ceiling by trillions of dollars. we're 16 trillion in debt. is it responsible to keep borrowing money and never address why you're in debt to begin with. long-term debt is baby
doing what boehner, tip o'neill and ronald reagan did? this political trophy you want rising rates runs the government for left len days when. it cops to debt ceiling time, mr. president, you will have a republican party make sure we save medicare and social security from bumps and save this country from becoming greece. one of his proposals we should never have any congressional check and balance raising the debt ceiling. he got elected president, not king. he is not king. he is president....
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i don't know why john boehner is negotiating this in public. he had a private meeting with the president last week, they spoke by phone sunday night. today he gets out and says he's slow walk it, why is he doing it in public rather than dealing directly with the president and bad-mouthing the white house and saying the president is not really negotiating in good faith basically is what john boehner is saying. bill: maybe that is the case. >> why say that publicly when you're trying to come to a deal with somebody on the other side. bill: that's a fair point. what about that if true. >> let's look at president's record quickly. he's had four years of trillion dollar deficits. he hasn't even had a budget in place. >> not true. >> this president has not done anything to get our fiscal house in order. >> that is not true. that is just not true. >> it is true. >> he's offered to cut -- >> let's be clear by his cuts. his cuts are for five and ten years from now. we can't even make cuts that he said would happen in a year. on sequester he said it wasn
i don't know why john boehner is negotiating this in public. he had a private meeting with the president last week, they spoke by phone sunday night. today he gets out and says he's slow walk it, why is he doing it in public rather than dealing directly with the president and bad-mouthing the white house and saying the president is not really negotiating in good faith basically is what john boehner is saying. bill: maybe that is the case. >> why say that publicly when you're trying to...
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house speaker john boehner says the president is not even meeting republicans halfway. here he is. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it is mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually encreases spending. the president is calling for 1.4 trillion dollars worth of revenue. that can not pass the house or the senate. bill: south dakota senator john thune chairman of the republican senate conference. good morning to you. >> good morning, bill, where are we now? anywhere? >> that is the question of the day. what seems to me to be happening here is that the white house is not real serious about any kind of a plan that has spending reductions in it, particularly that address what really drives federal spending. that is entitlement programs. they seem less and less serious getting a plan that would avert the fiscal cliff. why i think you heard a number of them say publicly they're willing to go over the cliff to get higher taxes. but i think what is really interesting about your
house speaker john boehner says the president is not even meeting republicans halfway. here he is. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it is mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually encreases spending. the president is calling for 1.4 trillion dollars worth of revenue. that can not pass the house or the senate. bill: south dakota senator john thune chairman of the republican senate...
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Dec 7, 2012
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in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that because it is a little difficult to say, yeah we want to raise retirement age for medicare or we want to cut or limit the social security cost of living adjustment. but i think the democrats will say, republicans you have to demand it but we'll give it to you if you demand it. martha: seems there are two levels of the political reaction to all of this. you've got the moment when a deal is reachesed, okay? you have what happens to the economy, six, seven, eight months down the road. if indeed you allow taxes to go up on all 100% and it starts to hit businesses
in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that...
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>> reporter: they are a long way from a deal, but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter and the two men have not moved from that basic position. now, all of this quomz comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. all americans get a tax cut on
>> reporter: they are a long way from a deal, but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the...
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so van, apart from my bad grammar, how close do you think president obama and speaker boehner are to a deal? and from your perspective, is a bad deal better than no deal? >> well, no. i think a bad deal is a bad deal and we shouldn't accept it. republicans have the problem that all of the polls show the vast majority of the american people -- people who have done well in america should do well by america and start paying america back. this tax break, even george bush didn't want it to be permanent. somehow, republicans have gotten hung up on this one thing, turning tax policy in to theology. they can't let it go. it has united the democratic party against them, and now most of the american people are on the other side of the debate. we can't talk about spending until we get out of the corner. >> ari, how much of the republican opposition is based on principle, to the raising of taxes on the wealthiest is based on principle and how much is based on a fear that they may face a primary challenge from more conservatives in their party or tea party candidates? >> i think it's impossible t
so van, apart from my bad grammar, how close do you think president obama and speaker boehner are to a deal? and from your perspective, is a bad deal better than no deal? >> well, no. i think a bad deal is a bad deal and we shouldn't accept it. republicans have the problem that all of the polls show the vast majority of the american people -- people who have done well in america should do well by america and start paying america back. this tax break, even george bush didn't want it to be...
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>>> john boehner is telling lawmakers not to make christmas plans. the warning comes after president obama talked about boehner on the phone last night. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say that he couldn't be president because of his weight. the republican governor is rumored to be considering a bid for the white house in 2016. >>> and pope benedict xvi blessed his followers in his first tweet today. he now has one million followers on this twitter page alone and many more account in several other languages. some saying that he's the coolest pope in history. >> isha, thank you. >>> a former u.s. marine served iraq and afghanistan and now his parents fear that he may die in a mexican prison. they are pleading for his safe return after what was a surfing trip. johnny hammar's story just ahead. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right
>>> john boehner is telling lawmakers not to make christmas plans. the warning comes after president obama talked about boehner on the phone last night. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say that he couldn't be president because of his weight. the republican governor is rumored to be considering a bid for the white house in 2016....
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house speaker john boehner warns house members not to make plans for the holidays as the fiscal cliff is at a stand still. he and the president have serious differences. we will get reaction from the white house and talk with senator robert menendez and labors pay back plan and reports labor unions have a large offensive setting sights on key republican governors. they have the staff to get ready for the fight ahead. they have the hit list. get. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. they see more than themselves. look in the mirror, so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities.
house speaker john boehner warns house members not to make plans for the holidays as the fiscal cliff is at a stand still. he and the president have serious differences. we will get reaction from the white house and talk with senator robert menendez and labors pay back plan and reports labor unions have a large offensive setting sights on key republican governors. they have the staff to get ready for the fight ahead. they have the hit list. get. well, we worked hard for those benefits. we...
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Dec 13, 2012
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to john boehner. he is giving interviews to local tv stations, to change some of the numbers that we just saw on your poll so that by the time we hit the fiscal cliff fall-off point, the public will not equally blame the democrats or the republicans. they will blame the republicans. i don't think john boehner can do local tv hits and change people's minds. >> that's always, of course, the megaphone that the white house enjoys, and they add this to the schedule because they can tell day by day how it's tracking. >> sure. >> how is this going to affect issues coming up? for instance, immigration. >> well -- >> which the president said to "the des moines register" before the election, is one of his top priorities. >> i talked to people in the white house who are very familiar with the legislative agenda of the president, and they say comprehensive immigration reform -- we're not talking just the dream act that affects children and doesn't do anything about the 11 million. we're talking about putting 11 m
to john boehner. he is giving interviews to local tv stations, to change some of the numbers that we just saw on your poll so that by the time we hit the fiscal cliff fall-off point, the public will not equally blame the democrats or the republicans. they will blame the republicans. i don't think john boehner can do local tv hits and change people's minds. >> that's always, of course, the megaphone that the white house enjoys, and they add this to the schedule because they can tell day by...
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president obama and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united states has a lot at stake in the syrian civil war. president obama has suggested that american firepower might be needed to prevent the dictatorship from using chemical weapons. we've learned that tomorrow the administration will endorse one of the rebel groups that is now fighting to overthrow bashar al- assad. who are these new american allies? clarissa ward found their leader in brussels. >> reporter: moaz al-khatib is the man chosen to lead a newly formed coalition of syria's opposition groups. what does it mean to be recognized by the u.s.? "the u.s. administration has big influence globally"
president obama and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united...
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Dec 5, 2012
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democrats complain the new proposal from house speaker john boehner is too vague about tax increases even as it lays out a tough package of spending cuts. for instance raising medicare's eligibility age for the first time in the program's history most likely by two years from 65 to 67 the move would not apply to americans who are close to retirement now. it would be phased in for younger workers such as maggie, a virginia health club manager who just turned 50 last month. >> i think the biggest factor for me is when are you going to retire so you lose your insurance from work and if it goes to 67 you have this two- year gap. what are you going to do? >> reporter: when medicare was created in 1966, the average life expectancy for men was 67 years, today it's 76 and women live on average to 81. one recent study by the kaiser family foundation estimated that shifting medicare eligibility from 65 to 67 would save the federal government $5.7 billion a year. 65 and 66-year-olds would pay an extra $3.7 billion a year to ensure themselves. the employers would pay billions more. >> it would f
democrats complain the new proposal from house speaker john boehner is too vague about tax increases even as it lays out a tough package of spending cuts. for instance raising medicare's eligibility age for the first time in the program's history most likely by two years from 65 to 67 the move would not apply to americans who are close to retirement now. it would be phased in for younger workers such as maggie, a virginia health club manager who just turned 50 last month. >> i think the...
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Dec 6, 2012
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>> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me-- or do not used words like "curt," "frank" and "direct" meaning it was probably more gentle. also i'm told scott this is no longer a time for check-in phone calls between these two leaders. everything now is substantive about the underlying merit of what treasury secretary geithner. republicans believe this can be done through tax loopholes not raising rates on the wealthiest americans. >> pelley: we asked chip reid to visit with a family staring over the fiscal cliff. >> reporter: sean and jody watson have four daughters ages five to 14 an
>> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had...
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jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but tuesday a republican aide told us the two sides aren't even talking. not surprisingly the white house disagrees. >> i can guarantee you conversations continue at different levels. and among different groups. >> reporter: both parties are ready to play the blame game in case negotiations fail. >> there's only one person out of 370 million americans who can sign something into law and that's the president. >> 60% of americans are asking the wealthy to pay more. >> reporter: a "the washington post" poll say 53% of americans will blame republicans and 29% would hold the president responsible if the nation goes over the fiscal cliff. the two sides appear close to an agreement on little things. it could lead to higher airline ticket prices and no more mail delivery on saturday. >> oh, boy. susan mcginnis in washington this morning. susan, thank you s
jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but tuesday a republican aide told us the two sides aren't even talking. not surprisingly the white house disagrees. >> i can guarantee you conversations continue at different levels. and among different groups. >> reporter: both parties are...
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Dec 10, 2012
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even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that did, in fact, happen, we'll know in the very near future. for "cbs this morning," major garrett, the white house. >> major garrett, thanks. early this morning we heard general electric chairman and ceo jeff immelt call on speaker boehner to, quote, take the heat and get republicans to support a compromise on the fiscal cliff. immelt knows about something about taking the heat. in our interview friday, he spoke at length about the consequences of not making a deal. and for those who say we can go over the fiscal cliff and it might not be such a bad thing, you say? >> i say there are people that don't have anybody that works for them. you know, in other words, we haven't been on this for two weeks or two days or two months. we've been working on this for 2 1/2 years. wh
even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that did, in fact, happen, we'll know in the very near future. for "cbs this morning," major garrett, the white house. >> major garrett, thanks. early this morning...
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after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've got two guys tangoing. you've got a chance to get it done. >> how are the warnings affecting you? the american consumer. in the last few weeks, we have seen record shopping and black friday sales. we've also seen jobs numbers that are up. and today, fedex is expecting its busiest day ever. shipping about 19 million pa packages. that is about 20 packages per second. and loads of jet fuel. christine romans joining me now with more. those sound like great indicators. you're the trend lady. do the trends look like they're going to continue despite this horror show of the fiscal cliff? >> there's a bunch of things going for consumers. you named some, but you've also got the stock market. job growth. rising home values. you've been seeing home values tick up slowly, but surely over the last few m
after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've got two guys tangoing. you've got a chance to get it done. >> how are the warnings affecting you? the american consumer. in the last few weeks, we have seen record shopping and black friday sales....
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the president meeting face to face with speaker boehner yesterday. and talking to our chief white house correspondent basically the status of those discussions is sitting at a stalemate. back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-25
the president meeting face to face with speaker boehner yesterday. and talking to our chief white house correspondent basically the status of those discussions is sitting at a stalemate. back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i...
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>> you just played a bite from speaker boehner saying, look, show us a little leg here, democrats, on those -- on those spending cuts and this is what he's talking about. take a look at this. the white house says, they're willing to do $350 billion in health savings. and the republicans are almost double that, what that includes from the republican party is increasing, for example, the eligibility age from medicare. say instead of it being 65 it might go up to the age of 67 or changing the way we calculate then crease in social security benefits. these are things that the president has been willing to talk about in the past. the republicans want them to talk about it first, right now, before they sign on to any rate increase. so we're back in the situation of who gives first, which is why these talks are going to have to come down to the president and john boehner in a room with a closed door, okay, because that's the only way they're going to get to do it. >> we'll see who gives a little leg. gloria, thank you. >>> former president carter put solar panels on the white house when he w
>> you just played a bite from speaker boehner saying, look, show us a little leg here, democrats, on those -- on those spending cuts and this is what he's talking about. take a look at this. the white house says, they're willing to do $350 billion in health savings. and the republicans are almost double that, what that includes from the republican party is increasing, for example, the eligibility age from medicare. say instead of it being 65 it might go up to the age of 67 or changing...
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only 25% they say, you know, say the same for boehner. we do have one more poll, this is really the big kahuna, shows 65% believe the voters gave the president a mandate to raise tax rates on the wealthy. so dana bash, given all of that, do we have any idea what the republican calculus is here and apparently hardening now their position on the taxes? >> reporter: i'm not really sure if in reality their position is hardening on raising -- or keeping tax cuts in place for the wealthiest americans. it may have been on paper in the proposal, certainly departments are using that today. that is the story line of the day. democrats are using it politically against republicans. but i talked to so many republicans, trent franks is one of them, who kind of shrugged their shoulders and say they understand that they don't have leverage as you just illustrated in that poll that the democrats have leverage, for a number of reasons, whether it is the amount of -- that the president won by, politically, or just the substance of this argument, the democra
only 25% they say, you know, say the same for boehner. we do have one more poll, this is really the big kahuna, shows 65% believe the voters gave the president a mandate to raise tax rates on the wealthy. so dana bash, given all of that, do we have any idea what the republican calculus is here and apparently hardening now their position on the taxes? >> reporter: i'm not really sure if in reality their position is hardening on raising -- or keeping tax cuts in place for the wealthiest...
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crisis better, 49% support president obama and the democrats while only 25% support house speaker john boehner and the republicans. so if there's no deal and the tax hikes and spending cuts take effect, we feel the impact. christine romans sat down with this panel for a report on the bottom line. here's part of the conversation she had with a working mom, small business owner and a woman looking for work. >> i have a household to run. still have rent and bills to pay, and i need help. i need help. >> three kids? >> yeah. >> how old are your kids, 23, 18, and 11. >> what do you tell them when they see the economy in front of them and hear all this fighting in washington about the fiscal cliff. you've been looking for a job for more than six months now. are you more optimistic or less than things will turn around next year? >> i believe it's going to turn around. it will probably take a little time, but i think it will. >> you need the government to help now until that happens? >> yes, i definitely do. >> you just had a baby. congratulations. >> thank you. >> are you concerned about your kid's f
crisis better, 49% support president obama and the democrats while only 25% support house speaker john boehner and the republicans. so if there's no deal and the tax hikes and spending cuts take effect, we feel the impact. christine romans sat down with this panel for a report on the bottom line. here's part of the conversation she had with a working mom, small business owner and a woman looking for work. >> i have a household to run. still have rent and bills to pay, and i need help. i...
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something that boehner has been doing a lot of. let me explain how deficits between revenue and spending are mathematical and it's ridiculous and insulting to the intelligence to suggest that it is one or the other. the you want to balance the books, you spend less or bring in more. that's it. you can't make the argument that one or the other is the problem. every time he said it it's more and more ridiculous. i will complete his equation and tell you the truth where the politicians fall short. look at the bush era tax cuts that started in 2001 on the national debt. we projected it out to 2019, the big blob on the top. beige or butterscotch color. that's the bush era tax cuts and part of what is expected to be massive debt. that is the single biggist part of it, bigger than the cost of the wars or the economic downturn or t.a.r.p. or the cost of the bailouts of fannie mae and freddie mac and to all the measures to combat the crisis combined. i can't tell you whether we have a tax or a revenue problem, we have a math problem and it
something that boehner has been doing a lot of. let me explain how deficits between revenue and spending are mathematical and it's ridiculous and insulting to the intelligence to suggest that it is one or the other. the you want to balance the books, you spend less or bring in more. that's it. you can't make the argument that one or the other is the problem. every time he said it it's more and more ridiculous. i will complete his equation and tell you the truth where the politicians fall short....
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. >> so that was speaker boehner obviously flanked by republicans. we'll get you that sound bite from the president because i want to make sure you hear both sides. here is the question i'm hearing people ask. if we go off the cliff here, how big of a hit will we take on taxs? stand by because i'm good to give you the closest answer i possibly can. to help me with that is laurie montgomery, the fiscal policy reporter for the washington post. so, laurie, welcome to you here. and your paper this morning, you ran through a couple of tax scenarios which were pretty palletable so we want to show our view whaeers what you ran through. let me run through two. we'll look at this first one. so everybody take a look at this graphic. this is scenario number one, married couple, two kids, one in college, combined income of $137,000. you see the numbers here first under the democrats' plan, passed by the senate, not by the house, they would see their taxes rise 2500 bucks a year. just below that, the republican plan, passed by the house in august, would raise the
. >> so that was speaker boehner obviously flanked by republicans. we'll get you that sound bite from the president because i want to make sure you hear both sides. here is the question i'm hearing people ask. if we go off the cliff here, how big of a hit will we take on taxs? stand by because i'm good to give you the closest answer i possibly can. to help me with that is laurie montgomery, the fiscal policy reporter for the washington post. so, laurie, welcome to you here. and your paper...
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and it is what house speaker john boehner did not say that is drawing attention tonight. when questioned by reporters yesterday, boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices have decided to hear two constitutional challenges to federal and state laws. one case involves the federal defense of marriage act, which denies federal benefits to same sex couples legally married in their own state. the other is a challenge to california's prop 8, which took away the right of same sex marriage that had been previously approved by state courts. >>> florida governor charlie crist completed his political transformation. crist was elected governor as a republican in 2006, then later ran for the senate as an independent. he campaigned for president obama, and spoke at the democ
and it is what house speaker john boehner did not say that is drawing attention tonight. when questioned by reporters yesterday, boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices...
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in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks for example about $800 billion worth of revenues but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> rose: and here is the president talking about why it's essential for him that there be tax increases for the most wealthy among us. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the
in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks for example about $800 billion...
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the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it was made to the hospital where kate is being treated for acute morning sick sentencesness. anna bell roberts is with us. >> reporter: good morning, lynn. that's right. the latest on kate's condition is that she will remain in hospital. we're not quite sure for how much longer, but she is said t
the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president...
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john boehner sitting by himself. all alone. not a single member of his party willing to share a seat. dent even have any milk to drink because, well, tell them why, john. >> they took my milk and threw it in the garbage. >> "early start" continues right now. >>> i'm so devastated for them. i'm really feeling for them. >> breaking radio silence. two deejays talk about the family of the nurse who took her own life after getting duped by their prank call. >>> top secret rescue mission. an american saved in afghanistan but at a heavy price. >> look who's talking. president obama and john boehner finally get together a little more than three weeks before we hit the fiscal cliff. good morning, everyone. welcome to "early start." i'm john berman. >> it's so night to you have back, john. it's 6:00 a.m. in the east. let's get started. the two men who stand between all of us and the fiscal cliff are finally speaking face-to-face. president obama and house speaker john boehner actually looked into each other's eyes yesterday and they talk
john boehner sitting by himself. all alone. not a single member of his party willing to share a seat. dent even have any milk to drink because, well, tell them why, john. >> they took my milk and threw it in the garbage. >> "early start" continues right now. >>> i'm so devastated for them. i'm really feeling for them. >> breaking radio silence. two deejays talk about the family of the nurse who took her own life after getting duped by their prank call....
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these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the new normal are accentuating the positive. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana, you know? it's -- i'm free to be free. >> the new law doesn't allow smoking in public places, just like alcohol, but police in seattle and across the state made an exception for overnight celebrations to ring in this new law. >>> so it's another public relations problem for penn state. the school's kai omega sorority is under investigation for stereotype i stereotyping latinos. pictures showed the sorority members in somberos with fake mustaches with signs that sa
these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the...
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i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting for something, too, john. he's waiting for the republicans to identify the specific details of that $800 billion of revenue they're willing to offer. what are the specifics the president is saying? take a listen at something the president said yesterday at that event that you mentioned. >> when you put it all together, you need a package that keeps taxes where they are for middle class families, make tough spending cuts on things we don't need and ask the wealthiest americans to pay a slightly higher tax rate. >> john, this is essentially the impa
i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting...
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more fiscal cliff talks between president obama and house speaker john boehner. what could this mean for the deadline as it approaches? the story, coming up. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to l
more fiscal cliff talks between president obama and house speaker john boehner. what could this mean for the deadline as it approaches? the story, coming up. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. i have a...